Netflix, the world's leading streaming service, has seen its subscriber base reach an all-time high. According to a report released by the company, Netflix now has over 86 million subscribers worldwide. This is a significant increase from the 75 million subscribers reported in 2017.
The success of Netflix can be attributed to its expansive library of content and its commitment to producing original content. The streaming giant has produced a number of critically acclaimed series such as Stranger Things, House of Cards, and Orange is the New Black. Netflix has also made deals with major Hollywood studios to bring their films and TV shows to the platform.
In addition to its growing subscriber base, Netflix has also seen its stock price soar in recent years. The company's stock price has more than doubled since 2015, making it one of the best performing stocks on the market.
Password Crackdown Coming
Despite its success, Netflix is not without its problems. One of the biggest issues facing the streaming service is password sharing. According to a survey conducted by research firm Magid, nearly 30% of Netflix users share their passwords with friends or family members.
To combat this issue, Netflix is reportedly developing a new system that will crack down on password sharing. The system will use algorithms to detect when an account is being used by multiple people at once. If it detects suspicious activity, it will prompt users to re-enter their passwords or verify their identity through two-factor authentication.
Netflix has yet to officially announce this new system, but it could be implemented in the near future. If successful, it could help reduce the amount of password sharing and protect Netflix from potential security threats.